Why ADA hodlers buy more of the token

[Flow-er]

The massive adoption seen in the cryptocurrency ecosystem has lead to the development of the major digital currencies. The popular digital currencies enjoyed the backings of the whales resulting in the price surge of the cryptocurrencies. Many cryptocurrency critics have started coming to terms that cryptocurrency as come to stay.

There is no doubt that the crypto world is growing exponentially and many financial investors are getting involved in the crypto projects. The likes of Elon Musk, a centibillionaire also invested heavily in the growing industry. The opportunities that the crypto world offer, is what makes it experience tremendous growth.

Cardano was not left behind in the developments around cryptocurrency. It was revealed that the cardano balance increased by $10 billion. This Is a Clear indication that the whales buy more of the Cardano and the result is seen in the increase in the balance of cardano in the hodlers wallets.


The price of cardano is 0.884 as at the time of writing. ADA decline by 0.07% in the last 24hrs and it also declined by 0.64% in the last 1hr. This showed that the coin is on a steady decline.

The cardano is a very wonderful project and that is the major reason for the adoption.

 

[Suba]

Cardano is one of the potential cryptos that people are buying as an investment, as Cardano is always making updates to their blockchain, such as Plutus updates. This update will increase the memory unit limit per block for Plutus scripts on the Cardano blockchain. So it is hoped that dApps published on the Cardano blockchain can run more efficiently.

 

[Shaf]

The massive adoption seen in the cryptocurrency ecosystem has lead to the development of the major digital currencies. The popular digital currencies enjoyed the backings of the whales resulting in the price surge of the cryptocurrencies. Many cryptocurrency critics have started coming to terms that cryptocurrency as come to stay.

There is no doubt that the crypto world is growing exponentially and many financial investors are getting involved in the crypto projects. The likes of Elon Musk, a centibillionaire also invested heavily in the growing industry. The opportunities that the crypto world offer, is what makes it experience tremendous growth.

Cardano was not left behind in the developments around cryptocurrency. It was revealed that the cardano balance increased by $10 billion. This Is a Clear indication that the whales buy more of the Cardano and the result is seen in the increase in the balance of cardano in the hodlers wallets.


The price of cardano is 0.884 as at the time of writing. ADA decline by 0.07% in the last 24hrs and it also declined by 0.64% in the last 1hr. This showed that the coin is on a steady decline.

The cardano is a very wonderful project and that is the major reason for the adoption.

I would seriously not consider Cardano until there is a reversal in it's trend. For the past six months, the price has steadily moved down from 3.1 to 0.84 now, and has already broken a very strong monthly support of about 5 months.

Except for short term trades, or for someone who really believe in the project and is willing to accumulate it, preferably through dollar cost average, since the next support is at 0.3 dollars.

Also the cryptocurrency market is being negatively impacted by news and it would be a safer bet to buy Bitcoin till the dust settles.

 

[Flow-er]

Cardano is one of the potential cryptos that people are buying as an investment, as Cardano is always making updates to their blockchain, such as Plutus updates. This update will increase the memory unit limit per block for Plutus scripts on the Cardano blockchain. So it is hoped that dApps published on the Cardano blockchain can run more efficiently.

The dApps that used the cardano platform will run definitely run effectively because ot the massive adoption seen around the project recently. If you are a follower of the cardano project, you will agree with me that the founder of the project embarked on a rigorous campaign that made ADA moves up in terms of the market capitalisation. Their was a time , the found introduced ADA to Tesla for adoption. The end of the story is not known yet but I am very optimistic that something positive may come out of.it.